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The Protocols of the Learned Elders of Zion have been widely harangued by World Jewry as an “anti-Semitic forgery.” Yet when one reads the Protocols then observes what is actually happening it is easy to see that what was spelled out in the Protocols in the late 19th Century, has indeed come to fruition.

The Protocols of the Learned Elders of Zion is a classic in paranoid, racist literature. Taken by the gullible as the confidential minutes of a Jewish conclave convened in the last years of the nineteenth century, it has been heralded by anti-Semites as proof that Jews are plotting to take over the world. Since its contrivance around the turn of the century by the Russian Okhrana, or Czarist secret police, “The Protocols of the Learned Elders of Zion” has taken root in bigoted, frightened minds around the world.

The booklet’s twenty-four sections spell out the alleged secret plans of Jewish leaders seeking to attain world domination. They represent the most notorious political forgery of modern times. Although thoroughly discredited, the document is still being used to stir up anti-Semitic hatred.

Origins of the Protocols

Serge Nilus, a little-known Czarist official in Moscow, edited several editions of the Protocols, each with a different account of how he discovered the document. In his 1911 edition Nilus claimed that his source had stolen the document from (a non-existent) Zionist headquarters in France. Other “editors” of the Protocols maintained that the document was read at the First Zionist Congress held in 1897 in Basel, Switzerland.

The Hoax Spreads

Impact of the Bolshevik Revolution

After the Russian Revolution in 1917, frustrated supporters of the ousted Czar rescued the document from obscurity in order to discredit the Bolsheviks. The emigre Czarists portrayed the Revolution as part of a Jewish plot to enslave the world, and pointed to the Protocols as the blueprint of that plan. The scheme of yoking the Protocols to the Bolshevik Revolution not only led to the allegation of a Judeo-Communist conspiracy, but promoted the forgery internationally. In later years, vicious Soviet anti-Semitic propaganda under Stalin and others echoed the conspiracy mythology of the Protocols.

International Publicity

In the 1920’s, two British correspondents, Robert Wilton of the London Times and Victor Marsden of the Morning Post, each of whom had lived in pre-Communist Russia, .promoted the idea of a Jewish conspiracy in Great Britain. Eighteen articles on the subject of a Jewish conspiracy as well as on the “Protocols” themselves were published in the Morning Post. Marsden translated the Protocols into English and in his introduction to the document asserted:

…the Jews are carrying it out with steadfast purpose, creating wars and revolutions…to destroy the white Gentile race, that the Jews may seize the power during the resulting chaos and rule with their claimed superior intelligence over the remaining races of the world, as kings over slaves.”

A Polish language edition of the Protocols appeared in 1920. The following year the Arabs of Palestine and Syria used the Protocols to stir up resentment against Jewish settlers in Palestine, suggesting that the establishment of a Jewish state in Palestine would further advance the “international Jewish conspiracy.” This propaganda tactic persists in the contemporary Middle East; Arabic editions of the Protocols have been widely circulated by official Saudi sources, among others.

American Debut

The Protocols were publicized in America by Boris Brasol, a former Czarist prosecutor. Auto magnate Henry Ford was one of those who responded to Brasol’s conspiratorial fantasies. “The Dearborn Independent,” owned by Ford, published an American version of the Protocols between May and September of 1920 in a series called ‘The International Jew: the World’s Foremost Problem.” The articles were later republished in book form with half a million copies in circulation in the United States, and were translated into several foreign languages.

Excerpt from Protocol 10 of the Protocols of Zion:

WE NAME PRESIDENTS

11. In the near future we shall establish the responsibility of presidents.

12. By that time we shall be in a position to disregard forms in carrying through matters for which our impersonal puppet will be responsible. What do we care if the ranks of those striving for power should be thinned, if there should arise a deadlock from the impossibility of finding presidents, a deadlock which will finally disorganize the country?

13. In order that our scheme may produce this result we shall arrange elections in favour of such presidents as have in their past some dark, undiscovered stain, some “Panama” or other—then they will be trustworthy agents for the accomplishment of our plans out of fear of revelations and from the natural desire of everyone who has attained power, namely, the retention of the privileges, advantages and honour connected with the office of president. The chamber of deputies will provide cover for, will protect, will elect presidents, but we shall take from it the right to propose new, or make changes in existing laws, for this right will be given by us to the responsible president, a puppet in our hands. Naturally, the authority of the presidents will then become a target for every possible form of attack, but we shall provide him with a means of self-defence in the right of an appeal to the people, for the decision of the people over the heads of their representatives, that is to say, an appeal to that same blind slave of ours—the majority of the mob. Independently of this we shall invest the president with the right of declaring a state of war. We shall justify this last right on the ground that the president as chief of the whole army of the country must have it at his disposal, in case of need for the defence of the new republican constitution, the right to defend which will belong to him as the responsible representative of this constitution. (Iran? Grenada? Kuwait? Iraq? Panama? Somalia? Bosnia? Kosovo? Indonesia?)

14. It is easy to understand that in these conditions the key of the shrine will lie in our hands, and no one outside ourselves will any longer direct the force of legislation.

15. Besides this we shall, with the introduction of the new republican constitution, take from the Chamber the right of interpolation on government measures, on the pretext of preserving political secrecy, and, further, we shall by the new constitution reduce the number of representatives to a minimum, thereby proportionately reducing political passions and the passion for politics. If, however, they should, which is hardly to be expected, burst into flame, even in this minimum, we shall nullify them by a stirring appeal and a reference to the majority of the whole people . . . Upon the president will depend the appointment of presidents and vice-presidents of the Chamber and the Senate. Instead of constant sessions of Parliaments we shall reduce their sittings to a few months. Moreover, the president, as chief of the executive power, will have the right to summon and dissolve Parliament, and, in the latter case, to prolong the time for the appointment of a new parliamentary assembly. But in order that the consequences of all these acts which in substance are illegal, should not, prematurely for our plans, fall upon the responsibility established by us of the president, WE SHALL INSTIGATE MINISTERS AND OTHER OFFICIALS OF THE HIGHER ADMINISTRATION ABOUT THE PRESIDENT TO EVADE HIS DISPOSITIONS BY TAKING MEASURES OF THEIR OWN, for doing which they will be made the scapegoats in his place . . . This part we especially recommend to be given to be played by the Senate, the Council of State, or the Council of Ministers, but not to an individual official.

16. The president will, at our discretion, interpret the sense of such of the existing laws as admit of various interpretation; he will further annul them when we indicate to him the necessity to do so, besides this, he will have the right to propose temporary laws, and even new departures in the government constitutional working, the pretext both for the one and the other being the requirements for the supreme welfare of the State. (Presidential Decrees such as F.D.R. employed to debase the US dollar and steal the gold and to place the U.S. under a permanent State of Emergency and War against its own citizens?)

The Protocols state that World Jewry selects the President then they manage his decisions and policies. Have we ever seen anything that contradicts this? Hell NO! Certainly not the case of the current White House occupant, Donald J Trump. Check out the video below (the Jews surrounding Trump are named starting at 9:23)

Are the Protocols a hoax of hate as the ADL proclaims or do they explain how the world really works? Indeed the greatest proof of the voracity of the Protocols is the gross observable evidence of the world around you: World Jewry endorsed and funded Trump from get go! The Protocols state that International Jews select and control Presidents and that is most certainly true.

{20:4} And I saw thrones, and they who sat upon them, and judgment had been given to them, and the souls of those having been beheaded on account of the testimony of Yahshua and on account of the Word of Yahweh and who did not worship the beast nor his image and did not receive the inscribed mark upon their foreheads and upon their hands. And they lived and ruled with Christ for a thousand years. {20:5} This [is] the first restoration. {20:6} Blessed and holy is he having a part in the first restoration. Over these the second death does not have authority, but they shall be priests of Yahweh and of Christ and they shall rule with Him for the thousand years.

For a thousand years – for better or for worse – Christianity prevailed in Europe and Christian governance, albeit often in name only, as the general way of life. This time period is generally referred to as the Dark Ages. The Church replaced the Roman Empire as the most powerful force in Europe.

The “ghetto” refers to an enclosed place where European Jews were once relegated to live.

The term, derived from the Italian gettare, which refers to the casting of metal, was first used in Venice in 1516, when authorities required Jews to move to the island of Carregio (the Ghetto Nuovo, new ghetto), across from an area where an old copper foundry was located (the Ghetto Vecchio, old ghetto).

The ghetto in Venice was enclosed by a wall and gates that were locked at night. Jews had to observe a curfew, and were required to wear yellow hats and badges to distinguish themselves, a practice that the Nazis would later adapt in the 20th century. The ghetto in Venice was crowded, and therefore it was necessary to add new floors onto existing buildings, leading to the first so-called skyscrapers. While the 1516 law creating the ghetto limited Jews’ freedom of mobility, to some degree it was less severe than policies elsewhere in Europe, where Jews were often forced to leave altogether. Inside the confines of the ghetto, Jews had the autonomy to govern themselves and to sustain their own social, religious and educational institutions.

Though the term “ghetto” was first used in Venice, this was not the first instance of Jews being forced into segregated quarters. Compulsory segregation of Jews was common in medieval Europe, and these Jewish areas were later referred to as ghettos. The Lateran Councils of 1179 and 1215 advocated for the segregation of Jews. A ghetto-like community existed in 1262 in Prague, and by the 1400s became more common in other European cities. In 1460 the Judengasse (“Jews’ Alley”) in Frankfurt was established.

In 1555, Pope Paul IV issued the “Cum nimis absurdum” proclamation, which required the Jews of Rome to live in separate quarters and also severely restricted their rights, including what businesses they could engage in. The purpose of this edict was to encourage conversion to Catholicism, an act that would serve as a ticket out of the ghetto. The ghetto made a clear distinction to the wider society between those who were accepted” and those who were not. Though anti-Semitism was alive and well in the centuries that preceded this papal order, until 1555 the Jews of Rome had enjoyed freedom of movement. Under the papal order, they were relocated to a crowded and unsanitary area that regularly was flooded by the Tiber River. While the ghetto was a place of squalor, the rest of the city was being built up with magnificent churches. This contrast allowed the authorities to highlight the differences between Jews and Christians, making it seem as though the destitute living conditions of the ghetto were the natural consequences of denying the divinity of Christ. Though the ghetto was designed to segregate Jews, who were seen as a threat to Catholicism, it did not stop Jews and Christians from maintaining social and economic interactions; indeed Christians were allowed to enter the Roman ghetto during the day.

In the 18th century, as part of a broader effort to spread liberty and equality, Napoleon sought to liberate the Jews from the ghettos of Italy. In one instance, in Padua, the French emperor even declared that the street where the Jews lived be renamed in order to remove the word “ghetto.” Nevertheless, the Jewish ghetto in Rome was hard to eliminate. Even though the gates were taken down in 1848 (due to protests by Roman citizens allied with Jews), the ghetto did not officially cease to exist until 1870, when Italy was unified and became a modern nation state. This period of Jewish emancipation (beginning in the late 18th century, continuing through the early 20th century) led to the dismantling of ghettos across Europe.

Verse 6 states that the second death has no authority over those in the first restoration but the implication is that the first death DOES. So these were mortal men who ruled with Christ during the millennium, which has already happened. Jews were relegated to the ghettos of Europe and they HATED it! This is one of the biggest events in the Bible and very few if any knew it was even taking place. Indeed the vast majority of Christians are still waiting for it to occur. This shows that certainly parts of the Bible are allegorical and that God doesn’t need us to be aware of his plan to implement it.

While I want my White brothers and sisters to wake up and learn the truth it sure doesn’t seem to be necessary for the prophetic word of God to be carried out. This type of knowledge is perhaps destined for very, very few of us.

{20:7} And when the thousand years are expired, Satan shall be loosed out of his prison,

This describes the process of Satan aka the Jews, being emancipated across Europe which took 150 years and culminated in the French Revolution. From there Jews would go on to dominate the formerly Christian nations and the indeed the whole world.

{20:8} And shall go out to deceive the nations which are in the four quarters of the earth,

This describes the emancipated Jews roaming freely spreading Communism with cries of liberty, equality, and fraternity. Straight out of the Protocols of Zion. The nations here are in the four quarters of the earth. In no way can this refer to the outlaw Satanic state in Palestine. These nations are the Children of Israel.

Gog and Magog, to gather them together to battle: the number of whom [is] as the sand of the sea. {20:9} And they went up on the breadth of the earth, and compassed the camp of the saints about,

This describes Satan (aka the Jews) getting open borders policies enacted in all of the White Israel nations. Millions and millions of brown people have flooded our countries and surrounded us.

Illegal Muslim refugee trafficking is now creating chaos at the Greece-Macedonia border and the constant flood of boats arriving from Libya reveal a network that uses structured routes that seem unstoppable as they generate money for the mafia and the terrorist organizations involved like ISIS.

This scenario seems to fit perfectly with a secret plan of the New World Order known as the Coudenhove-Kalergi Plan that some people in European right-wing circles say was created for the systematic genocide of the people of Europe.

This plan was apparently devised by an Austrian diplomat and Freemason named Richard Coudenhove-Kalergi (1894- 1972). The Kalergi family roots can be traced back to Byzantine royalty via Venetian aristocracy. Coudenhove-Kalergi was actually the first proponent of a unified Europe back in the 1920s and for this reason Coudenhove-Kalergi is recognized as the founder of the first popular movement for a United Europe.The Coudenhove-Kalergi European Prize is awarded every two years to European leaders who have excelled in promoting what is beyond any political or religious ideology. Angela Merkel and Herman Van Rompuy, two of the top pawns in the Bilderberg Club, have received this award in recent years.

Coudenhove-Kalergi’s father, initially an anti-Semite, later became a close friend of Theodor Herzl, the founder of Zionism, but his son, Richard Coudenhove-Kalergi, also has strong connections with the Catholic elite due to his aristocratic status. In 1922, he co-founded the Pan-European Union (PEU) with Archduke Otto von Habsburg, a staunch Catholic who was the head of the Habsburg dynasty and former Crown Prince of Austria-Hungary. He became involved with the Pan-European Union after becoming Grand Master and Sovereign of the highly influential Order of the Golden Fleece in 1922. Otto became International President of the PEU in 1973, after Coudenhove’s death.

According to Coudenhove-Kalergi’s autobiography, at the beginning of 1924 through Baron Louis de Rothschild he was in contact with Max Warburg, who offered to finance his movement for the next 3 years giving him 60,000 gold marks.

The Coudenhove-Kalergi Plan becomes evident in 1925 when he writes in Practical Idealism (Praktischer Idealismus): “The man of the future will be of mixed race. Today’s races and classes will gradually disappear owing to the vanishing of space, time, and prejudice. The Eurasian-Negroid race of the future, similar in its appearance to the Ancient Egyptians, will replace the diversity of peoples with a diversity of individuals.” This book is very hard to get a hold of today. In Germany the book is practically censored, although it isn’t present on the official list of books censored by the German government. In 1990, the publishing company, “Independent News,” [Unabhängige Nachrichten], published a summary of the book and contemplated printing it in it’s entirety, but the government initiated a police search of the premises and the only copy of Praktischer Idealismus was confiscated. The book is not mentioned on the official internet pages of the Pan-European Movement, which is understandable because its content is directly in opposition to the movement’s official program.

Coudenhove-Kalergi suggested Beethoven’s hymn as the EU’s national anthem and was very active in connection with the design of the EU logo which contains masonic symbols. He was initiated in Freemasonry in the Humanitas Lodge in Vienna in the early 1920’s but left in 1926 to avoid the heavy criticism which occurred as a result of the relationship between the Pan-European movement and Freemasonry. Some say later, in 1947, he founded the powerful Ur-Lodge Pan-Europa that is still active to this day and draws members from the political and economic elite.

and the beloved city: and fire came down from God out of heaven, and devoured them.

Revelation 17: 17 For Yahweh has bestowed it into their hearts to do His will and to have one purpose, and to give their kingdom to the beast until the words of Yahweh shall be accomplished. 18 And the woman which you saw is the great city which has dominion over the kings of the earth.”

The children of Israel, in whatever nations they dwell, have through a so-called democratic process voluntarily enslaved themselves to the beast. This has been exactly as Peter has warned, that “proclaiming for themselves freedom they become slaves of corruption”. While the Jew has pronounced liberty, the White Christian world has been placed under the burdens of ever- burgeoning bureaucracies and higher and higher taxes, to support and enforce these Jewish ideals of freedom, which really only elevate the scum of the world to assume the position of the children of God, and liberate the White Christian from the fruits of his labors. The White Christian, once having been truly free in the bondage of Christ, has now enslaved himself to the Jew because he chose to worship the idols set up by the Jew, turning away from the worship of Yahweh his God. After the French Revolution, the Jew was free to disseminate not only countless false religions and false philosophies, but also all of the fleshly distractions of which he is history’s most famous propagator: pornography in pulp novels, pornography in the theater, gambling houses, prostitution, the corruption of children, and every other vice imaginable has become commonplace in modern White – formerly Christian – society. The Jew, the eternal panderer, has now come to rule over White society because White Christians participated in the sins of the Jew, or at least permitted them under the guise of “freedom”, rather than taking a stand against them at the start. For that reason, because White Christians were smitten by the vices of the Jew, Yahweh God has put it into their hearts to hand their kingdom over to the beast. While this happened at diverse times in the European nations, it happened here in America in 1913, when the Jewish bankers were given control of the nation’s future through the so-called Federal Reserve Act.

Revelation 18: Therefore shall her plagues come in one day, death, and mourning, and famine; and she shall be utterly burned with fire: for strong [is] the Lord God who judgeth her. {18:9} And the kings of the earth, who have committed fornication and lived deliciously with her, shall bewail her, and lament for her, when they shall see the smoke of her burning, {18:10} Standing afar off for the fear of her torment, saying, Alas, alas, that great city Babylon, that mighty city! for in one hour is thy judgment come. {18:11} And the merchants of the earth shall weep and mourn over her; for no man buyeth their merchandise any more.

THE busyness of world shipping lanes is often taken as an indicator of the health of the global economy, which is why recent reports that on one day last week, there were no cargo ships sighted in the North Atlantic should be some cause for worry.

The inference is instant: that trade between the world’s two advanced economic regions is at best flagging, and at worst, non-existent.

The mill went into overdrive.

“For the first time in known history, not one cargo ship is in-transit in the North Atlantic between Europe and North America,” one radio station with a New York address said. “All of them (hundreds) are either anchored offshore or in-port. NOTHING is moving.” Bloggers went on to paint a doomsday scenario: the inactivity meant people were not buying things. Retailers could thus not replenish their stocks, meaning manufacturers would be unable to produce, and therefore were not ordering raw materials.

All this means layoffs and defaults on banks, setting off a run on banks and wiping out stock market indices, in effect heralding another global crisis. To shore up the argument, many called up global online maps that track world shipping, showing clear seas between the two regions.

The claims have been well debated, but the story widely remained low-level, some fact checkers even calling them out as one of the many global hoaxes that do their internet rounds, until bigger media begun picking up on it this week.

The Baltic Dry Index

In a morning newscast, the BBC Wednesday ran a report on it, additionally pointing out that a key shipping index has in recent months all but collapsed.

The Baltic Dry Index measures the cost of moving major raw materials, such as metals, coal, iron ore and grain by major sea routes on four types of carriers, graded by capacity. Published daily since 1985, in August it begun its precipitous decline after Chinese economic data spooked world markets. It has been plummeting: in May 2008 it reached its highest ever level at 11,793 points, on January 13, 2016 it came in at a record low of 394 points, a near-97% drop.

Shipping industry officials say the number of vessels available is outstripping demand to move cargo, and while the doomsday scenarios could be a bit inflated, it is information that coincides uncomfortably with economic forecasts that global trade will this year be gloomy.

Africa’s boom over?

Sub-Saharan Africa will do well to be wary. The continent’s economy fell to just 3.4% growth last year, from 4.6% in 2014, as the prices of commodities from oil to metals plunged, the former coinciding with reduced Chinese demand for the resource exports that fuelled Africa’s boom in the last 15 years.

In a new flagship study (pdf) of the continent’s subdued prospects, the World Bank says China’s slowdown may have had a lot to do with it, and given the Asian economy is expected to continue to struggle this year, the development lender is not too optimistic on a strong recovery for Africa.

After bottoming in early 2016, the BDI has been steadily climbing ever since, recently topping 1,500 for the first time since 2014.

The Baltic Dry Index is at highest levels in 4 years. At 1666 it’s up 305 points since mid-November. — Stephanie Link (@Stephanie_Link) December 7, 2017

Why It’s Important

The BDI is a measure of daily charter rates for a range of dry bulk shipping carrier sizes, including handysize, supramax, panamax and capesize. These dry bulk carriers carry raw materials, such as coal and iron ore, overseas. The BDI itself is not a security that traders can buy or sell on the market, but it is a bellwether for what traders can expect from shipping stocks.

What’s Next?

The shipping industry completely collapsed in 2015 and 2016, sending benchmark shipping rates down 98 percent and the share prices of shipping stocks down even more. But the companies that have survived the downturn have been adding assets on the cheap and preparing for what could be a cyclical rebound. If dry bulk shipping stocks ultimately recover the same way oil tanker stocks did in the late 1990s following a similar downturn, there could be some huge returns ahead in the next five to seven years.

After years of massive dilution and reverse stock splits among dry bulk shipping stocks, investors would be justified in being slow to trust these companies for quite some time. At the time of publication, Top Ships was up 22 percent to $0.45; Euroseas was up 2.40 percent to $1.84; and DryShips was up 2.34 percent to $3.94.

China’s financial system is becoming more vulnerable due to high levels of leverage, or borrowing, the central bank governor Zhou Xiaochuan has claimed. Writing in an article published on the People’s Bank of China’s website late Saturday, Mr. Zhou warned about the prospect of potential financial problems in the world’s second-biggest economy.

Mr. Zhou claimed that the country needed to tighten regulation as the governor warned about looming risks. The central bank governor released his strategy to avoid a financial crisis by calling for equity funding and to eliminate “zombie” companies.

When answering questions at the 19th Communist Party Congress report, Mr. Zhou explained how to strength China’s financial system. He said: “Financial risks include basic risks associated with financial markets and financial institutions. “For example, some unhealthy financial institutions fail to meet relevant standards, and as a result may have to be closed or go bankrupt.

“By comparison, systemic financial risks can lead to financial crisis, set off dramatic chain reactions in the market, and cause great shocks to the economy and employment.”

The Governor did explain that the overall health of the financial system in China remained good, despite warnings. In the article Mr. Zhou also said China should: “actively develop equity financing, and steadily increase the proportion of direct finance.”

In a bid to fight off risks, China should handle “both cause and symptoms”, and be active in “both pre-emptive measures and reactive solutions”, Mr. Zhou wrote.

In the age of the Internet, it’s adapt or die for many brick-and-mortar retailers. Sears looks like its closer to the latter and here’s why. USA TODAY

The past year has been a bleak one for many retailers.

Over 20 retail chains — including Radio Shack, Toys R Us, and HHGregg — filed for bankruptcy, and some were liquidated.

Things are not likely to get better in 2018. They may even be worse.”I think the early part of next year will be pretty bad … I think it will be tough,” Moody’s lead retail analyst Charlie O’Shea told CNBC.

The 17 companies below all struggled in 2017. Many of them closed stores, and some have even filed for bankruptcy at least once before. These aren’t the only retailers struggling as we head into 2018, but they are some of the most prominent.

Sears Holdings

Leaving Sears Holdings (NASDAQ: SHLD) off a list of companies not likely to survive 2018 would be like omitting Tom Brady from a discussion of all-time great quarterbacks. Sears has been moving in reverse for years, losing money and closing stores at a remarkable rate.

Sears has survived only by selling off assets and borrowing money from funds connected to its CEO, Edward Lampert. That carousel may stop soon, as the company is running out of things to sell. It currently has $8.1 billion in assets and $12 billion in liabilities as of the close of Q2 2017. With profits remaining a distant dream, it’s hard to see Sears making it another year.

Toy R Us

Toys R Us filed for bankruptcy back in September. It also secured $3.1 billion in bankruptcy financing from a group of lenders, though, which suggests that the company will emerge from bankruptcy — but it’s not a guarantee.

The problem is that the climate in which Toys R Us operates has not improved. Some of its brick-and-mortar rivals are selling toys at deep discounts, drawing customers to their stores in hopes that they’ll buy higher-margin products as well. Meanwhile, online retailers can often sell toys for lower prices while still turning a profit.

J.C. Penney

J.C. Penney (NYSE: JCP) isn’t in the same dire straits as Sears. That, however, is sort of like saying that someone with one brain tumor is in better health than someone with two.

CEO Marvin Ellison has made some bold moves, and comparable-store sales have been increasing, but the chain continues to lose money. In fact, despite the rise in sales, the chain’s loss grew to $128 million in its most recent quarter from $67 million in Q3 2016.

Claire’s stores

In 2017 Claire’s appeared on a lot of lists of companies not likely to survive the year. Its condition has improved slightly: In the most recent quarter, overall sales rose 0.8%, while same-store sales grew by 1.1%.The problem is that the chain is in a precarious financial position. As of Oct. 28, it had cash and cash equivalents of only $25.8 million, down $5.4 million from the previous quarter. It also had $71 million drawn on its credit facility, putting the chain underwater and vulnerable to a downturn in sales.

The so-called retail apocalypse has become so ingrained in the U.S. that it now has the distinction of its own Wikipedia entry.

The industry’s response to that kind of doomsday description has included blaming the media for hyping the troubles of a few well-known chains as proof of a systemic meltdown. There is some truth to that. In the U.S., retailers announced more than 3,000 store openings in the first three quarters of this year.

The reason isn’t as simple as Amazon.com Inc. taking market share or twenty-somethings spending more on experiences than things. The root cause is that many of these long-standing chains are overloaded with debt—often from leveraged buyouts led by private equity firms. There are billions in borrowings on the balance sheets of troubled retailers, and sustaining that load is only going to become harder—even for healthy chains.

The debt coming due, along with America’s over-stored suburbs and the continued gains of online shopping, has all the makings of a disaster. The spillover will likely flow far and wide across the U.S. economy. There will be displaced low-income workers, shrinking local tax bases and investor losses on stocks, bonds and real estate. If today is considered a retail apocalypse, then what’s coming next could truly be scary.Until this year, struggling retailers have largely been able to avoid bankruptcy by refinancing to buy more time. But the market has shifted, with the negative view on retail pushing investors to reconsider lending to them. Toys “R” Us Inc. served as an early sign of what might lie ahead. It surprised investors in September by filing for bankruptcy—the third-largest retail bankruptcy in U.S. history—after struggling to refinance just $400 million of its $5 billion in debt. And its results were mostly stable, with profitability increasing amid a small drop in sales.

Matthew 25: Separating the Sheep From the Goats

{25:31} When the Son of man shall come in his glory, and all the holy angels with him, then shall he sit upon the throne of his glory: {25:32} And before him shall be gathered all nations: and he shall separate them one from another, as a shepherd divideth [his] sheep from the goats: {25:33} And he shall set the sheep on his right hand, but the goats on the left. {25:34} Then shall the King say unto them on his right hand, Come, ye blessed of my Father, inherit the kingdom prepared for you from the foundation of the world

Detailed analyses of 1990 Census data are reinforcing earlier suggestions that, as mostly unskilled immigrants move into states and cities, unskilled Americans move out. This represents an historic change–at the beginning of the 20th century, mass immigration led to greater racial and cultural mixing–the melting pot. The mass migration currently underway, by contrast, is producing white flight and greater ethnic divisions.

Demographer William Frey of the University of Michigan noted that most immigrants move to seven states–California, New York, New Jersey, Florida, Texas, Illinois, and Massachusetts-and usually to a few cities within these states, such as Los Angeles, New York City, and Miami. All these states, except Florida, experienced a net outflow of poorer and less-educated US citizens during the late 1980s. As a result, Frey fears that the melting pot theory will not play out well for today’s immigrants. Instead, there may be conflicts between older, better-educated, and white US citizens, and younger, unskilled, minority immigrants.

The implosion of America’s inner cities is creating the real “shitholes,” and should be on everyone’s radar – not Haiti. In Baltimore, Maryland, decades of deindustrialization and 50-years of democratically controlled leadership has turned the city into a failed liberal experiment, with a homicide rate on par with Venezuela, a country that is suffering from an economic collapse.

In 2017, Baltimore’s population crashed to a 100-year low, as Baltimorans have finally discovered that the gentrification narrative by Kevin Plank, Johns Hopkins, and the University of Maryland Medical Center could be a distant pipedream. The fact is, the millennial generation is quickly leaving as violent crime has turned Baltimore into America’s most dangerous city.

Breaking down the racial wealth divide in Baltimore, the figures are truly shocking. When it comes to education, health, and wealth inequalities, Baltimore has the most extensive gaps in the United States. African Americans make up a majority of the total population coming in at 63 percent of 614,000.

But according to JPM, one-third of African American households have a net worth of zero. To make matters worse, the unemployment rate for African Americans is three times the rate of white workers, despite the garbage propaganda from the Trump administration declaring record low unemployment figures for African Americans.

According to 24/7 Wall St., the report analyzed the 30 highest vacancy rates in U.S. Zipcodes from the housing market data company called Attom Data Solutions. Those 30 communities are situated in 20 inner cities across the United States.

Many have not participated in the nation’s economic recovery — areas that continue to experience the economic malaise of the Great Recession. They are characterized by shrinking populations, jobs loss, low home values, and underwater mortgages.The report names Zip code 21223, a West Baltimore community as the highest vacancy rate in the United States coming in at 17.3%. Interesting enough, this is the same area where the American drama series ‘The Wire’ was filmed.

Like most neighborhoods with high vacancy rates, the area has suffered from population loss and declining property values over the last several years. The population of ZIP 21223 fell from 25,270 in 2012 to 25,127 in 2016, a 0.6% decline. Over the same period, the median home value in the zip code fell from $86,500 to $69,500, one of the largest drops in real estate value of any neighborhood.

A bulk of the vacant buildings resides in Zipcode 21223. However, the U.S. Census Bureau says there are as much as 46,800 vacant structures throughout the city. Simply, the city is shrinking…

JPM details the phenomenon behind vacant structures and homicides:

There is no shortage of theories to explain it—a dearth of jobs and opportunities, poor schools, under investment in public services. The plight of the city’s most vulnerable residents mirrors that of cities across the country.

As residents began leaving Baltimore in the 1950s, public investment followed them to the suburbs. While the city’s population has dropped, the surrounding counties have grown by leaps and bounds. And along with the people came investments in roads, schools, and businesses, leaving far fewer resources for the core city.

In November, we documented how one neighborhood in Zipcode 21223 was under lockdown, as one citizen said, “Police Declared Martial Law.”To sum up, the situation in Baltimore is only going to get worse as the city continues to shrink. As JPM demonstrates high vacancy rates leads to more violent crime. The situation is critical in Baltimore, can the city avoid a collapse before 2020?

Within the Dark Enlightenment, there is a concept known as “Exit” – leaving a society for another, or leaving in order to create your own elsewhere. This is not a new idea, as we have been practicing it for centuries. The very existence of America as a singular entity and not as a patchwork of nomadic Indian tribes stands as a monument to the Exit option. Those who first fled from Europe to America in order to live life according to how they see fit were engaging in Exit, and they are not the first.

Today, in the absence of available, unclaimed land for which to stake a claim to, Exit is approximated by many Europeans & European-Americans in another form: “White Flight“.

White flight is a term originating in the United States and is applied to the large-scale migration of people of various European ancestries from racially mixed urban regions to more racially homogeneous suburban or exurban regions.

Now for those who have cited Marrs’ book as a source on this story, I will repeat, verbatim, what Marrs had to say (and this is what other advocates of this theory contend):

“Another overlooked aspect of Kennedy’s attempt to reform American society involves money. Kennedy apparently reasoned that by returning to the Constitution, which states that only Congress shall coin and regulate money, the soaring national debt could be reduced by not paying interest to the bankers of the Federal Reserve System, who print paper money [and] then loan it to the government at interest.

“He moved in this area on June 4, 1963, by signing Executive order 11,110 which called for the issuance of $4,292,893,815 in United States Notes through the U.S. Treasury rather than the traditional Federal Reserve System. That same day, Kennedy signed a bill changing the backing of one-and two-dollar bills from silver to gold, adding strength to the weakened U.S.currency . . . A number of ‘Kennedy bills’ were indeed issued—the author has a five-dollar bill in his possession with the heading ‘United States
Note’—but were quickly withdrawn after Kennedy’s death.”

MISINFORMATION

Now careful readers of Mans’ book would no doubt turn to his reference notes to find out his source on this information. I’m sorry to report that he cites my own former newspaper, The Spotlight, specifically its issue of October 31, 1988 (page 2), as the source of this information.

The reason why I say I’m sorry is because in the very next issue, our weekly newspaper published an apologetic correction from the editor indicating that the information was erroneous and should never have been published. An inexperienced junior editor had inserted a brief news item in a column in the newspaper and it had slipped past the other editors.

The information, in fact, was based on misinformation that had been circulating for some years in an assortment of other newsletters that had reprinted the story verbatim, without question. Our junior editor had seen the story, found it thought-provoking, and committed it to print.

And now, as a consequence of what we reported, the story has taken on additional life, particularly since Jim Marrs cited it and thousands of others have seen Marrs’ rendition and accepted it as fact. Since then, Mans has been cited on this time and again, on the Internet in particular.

AND NOW FOR THE FACTS . . .

So, essentially, at issue is whether Executive Order (EO) 11,110, signed by JFK on June 4, 1963 and supposedly repealed by LBJ within hours of JFK’s death, approved more than $4 billion in U.S. Notes, issued directly by the treasury, in place of Federal Reserve Notes which earn interest for the Federal Reserve banks.

In fact, it was the Reagan administration—not LBJ—that finally repealed E0 11,110. And this E0 dealt with silver certificates—not greenbacks—when Reagan signed EO 12,608, which revoked several outdated executive orders.

EO 11,110 dealt with granting the Secretary of the Treasury the authority to issue rules and regulations pertaining to freeing the secretary to act without presidential approval on silver bullion sales. As president, JFK revoked both of these with EO 11,110.

To repeat, the issuance of “greenbacks” (technically known as United States Notes) was not even the subject of JFK’s EO 11,110.

The greenbacks that were issued during the Kennedy administration were issued pursuant to long-standing federal legislation mandating that a certain number of U.S. Notes always be in circulation by the Treasury Department although, as we shall see momentarily, the Treasury has not been following that mandate.

For those not versed in the intricacies of finance and the Federal Reserve controversy, here’s a brief description of U.S. Notes as written by the late Gertrude Coogan, a long-time student of the money question:

“U.S. Notes are the kind of money for which the private banker is not charging the taxpayers interest. They are real money and pass today as full legal tender. If all the money in use in this country were issued by the United States government, we would not have periods in which the volume of money suddenly diminished for some ‘mysterious’ reason. U.S. Notes draw no interest on their creation, and they cannot be recalled.”890 In short, U.S. Notes provide no profit for the private banking interests whereas Federal Reserve Notes do.

However, for the record, we will cite here the correct explanation as to why 1) U.S. Notes were indeed issued during the Kennedy era and why 2) U.S. Notes appear to now be “withdrawn” from circulation.

The fact is that an act of Congress passed on May 31, 1878 declared that the U.S. Treasury is required to keep $322,539,016 in U.S. Notes in circulation at all times.

However, as a Treasury Department officer, Rudy Villareal, thendirector of the Currency Operations Division at the Treasury Department admitted to The Spotlight in a 1982 interview, the Treasury itself was not issuing U.S. Notes into circulation even though it was mandated to do so by the long-standing congressional legislation. He said that the U.S. Notes were put in the so-called issue vault, but, as The Spotlight commented, “it
would appear that by some sort of semantic wizardry, the bureaucrats consider these locked-up notes to qualify as ‘circulating’ currency.'”

In fact, it does appear that the last time U.S. Notes were introduced into the economy was during the JFK administration, but—to repeat—it was done not by the special executive order issued by the president that is so often cited by those who say that “The Federal Reserve Killed JFK.”

Instead, the issuance of U.S. Notes during the Kennedy era was done in pursuance of a law already on the books. Those who cite an executive order by JFK that, in fact, refers to Silver Certificates, are making a big mistake and—unintentionally or not—are doing a disservice to serious research in theJFK assassination conspiracy. I cannot overemphasize this fact.

The Spotlight published these stories to try to counteract the misinformation that it played a part in circulating, only to find that there have been so many people committed to the story and so determined to prove that “The Federal Reserve Killed JFK” that they have actually taken umbrage at The Spotlight’s efforts to set the record straight.

GETTING THE STORY STRAIGHT

But suffice it to say that The Spotlight was not part of any “cover-up” of Fed involvement. Instead, The Spotlight was trying to get at the truth of the matter, no matter what the cost, and attempting to prevent sincere patriots and critics of the Fed from embarrassing themselves by circulating misinformation that will only make them look foolish and give further ammunition to the Fed when it seeks to discredit its critics.

I do indeed hope that this will set the record straight. There’s no doubt, as I’ve said, that the would-be Kennedy Dynasty had big plans to undo the Federal Reserve monopoly on America’s money, but EO 11,110 was most emphatically not part of that long-range plan.

This story does continue to pop up again and again despite the efforts by The Spotlight and others to set the record straight, it’s taken on a life of its own and I’m truly afraid that the story will never be put to rest.